According to Societal CDMO's latest financial reports and stock price the company's current Operating Margin is -5.22%. At the end of 2021 the company had an Operating Margin of -15.09%.
Year | Operating Margin | Change |
---|---|---|
2021 | -15.09% | -63.52% |
2020 | -41.36% | -987.19% |
2019 | 4.66% | -105.79% |
2018 | -80.53% | 11.33% |
2017 | -72.33% | 60.17% |
2016 | -45.16% | 87.42% |
2015 | -24.10% |
The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.